Finextra Research: Latest fintech news, analysis, interviews, features and opinion by industry experts

Research/Transaction banking

Financial Institution of the Future

12 November 2021 81 downloads

Research/Transaction banking

Facing up to the Future: Biometric Automation in Banking

12 November 2021 459 downloads

Company update/cloud

Standard Chartered taps SAP Multi-Bank Connectivity cloud solution for corporate-to-bank integration

Standard Chartered has tapped the SAP Multi-Bank Connectivity solution and joined as a member bank, aiming to offer an enhanced experience to corporate clients in meeting their transactional banking needs, simplifying the onboarding process, and delivering both traditional and new banking services in real time.

11 November 2021

Company update/payments

MAS signals breakthrough in cross-border trade finance

Singapore’s Infocomm Media Development Authority (IMDA), the Monetary Authority of Singapore (MAS) and the Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM), in collaboration with commercial partners DBS Bank, Emirates NBD and Standard Chartered, have successfully concluded the world’s first cross-border digital trade financing pilot of its kind.

11 November 2021

News/crypto

JPMorgan estimates CBDCs could save corporates £100 billion in transaction costs

A full-scale, multiple central bank digital currency (mCBDC) network could potentially save global corporates up to $100 billion in transaction costs annually, according to a joint research report from Oliver Wyman and JPMorgan.

04 November 2021

Company update/sustainable

Citi introduces sustainability-linked supply chain financing in Asia Pacific

Citi has launched its first Sustainability-linked Supply Chain Finance (SSCF) program in Asia Pacific with the aim of supporting clients as they advance their ESG priorities, improve the resilience of their supply chains and manage their working capital needs.

01 November 2021

Company update/wholesale

ION launches TreasuraSpark for cash management

ION Treasury, a global provider of treasury and risk management solutions for corporations, financial institutions, and central banks, today announces the launch of TreasuraSpark, a simple to use cash management SaaS solution, to help high-growth organizations migrate from outdated spreadsheets to automated cash management.

01 November 2021

Company update/payments

Citi rolls out RTP-enabled real time digital bill payments

Building on its position as the world’s leading instant payments bank, Citi’s Treasury and Trade Solutions (TTS) division now facilitates digital bill payment for both institutional billers and their consumer customers via the RTP network, the real-time payment system from The Clearing House (TCH).

26 October 2021

News/payments

Mastercard unlocks working capital with Demica

Mastercard is to embed working capital into its Track Business Payments package through a partnership with supply chain finance specialist Demica.

21 October 2021

News/payments

Goldman Sachs and American Express team on cloud-based payments

Goldman Sachs has teamed up with American Express to deploy a cloud-based payment service for large corporate clients.

20 October 2021

News/identity

Identity decisioning platform Alloy moves into credit underwriting

Alloy, the recently named unicorn, has expanded its identity decisioning platform to include credit underwriting, with the intention of building comprehensive views of customers in line with their onboarding and transaction monitoring products.

20 October 2021

News/cloud

Wells Fargo invests in Volante

Wells Fargo is the latest Wall Street giant to back Volante Technologies, investing $10 million in the cloud payments and financial messaging firm.

20 October 2021

Company update/wholesale

Contour teams with Gleif to enable LEI usage on digital trade finance network

Contour, the digital trade finance network, has partnered with the Global Legal Entity Identifier Foundation (GLEIF) to enable the use of Legal Entity Identifiers (LEIs) within its network and to financially support its members in obtaining their own LEI.

20 October 2021

News/people

Citi TTS appoints global head of digital

Citi's trade and treasury solutions business has appointed Capital One's Naveed Anwar as global head of digital.

19 October 2021

News/payments

Standard Chartered taps Demica for new supplier finance portal

Standard Chartered is to ease enrollments to its supplier finance programme through an online platform delivered by Demica.

12 October 2021

Company update/startups

Centiglobe picks up €5 million in funding from Confidus

Confidus Venture Capital today announced that it has concluded an agreement to acquire an equity stake in Centiglobe, a Stockholm based Fintech company offering an Instant Global Payment platform. Peter Dahlgren will join the Board of Directors.

07 October 2021

Company update/wholesale

BNY Mellon joins trade finance blockchain network Marco Polo

BNY Mellon has joined a consortium working to introduce blockchain technology into international trade finance and digitize how working capital is provided to both suppliers and buyers across the globe.

05 October 2021

Company update/wholesale

RootAnt Global adds lending capabilities to Banco transaction banking platform

Singapore-based FinTech RootAnt Global, announced the introduction of its central lending platform, BANCR, into the existing BANCO platform, one of the first transaction neobank platforms in Asia.

29 September 2021

Research/Transaction banking

Prepare to Choose: 4 factors Banks must assess before committing to a SaaS Provider

22 September 2021 512 downloads

Company update/wholesale

Bank of China, DBS and HSBC join trade finance advisory group

Global Shipping Business Network (GSBN), an independent, not-for-profit technology consortium to build a blockchain-enabled operating system designed to redefine global trade, welcomes Bank of China (“BOC”), DBS Bank (“DBS”) and The Hongkong and Shanghai Banking Corporation Limited (“HSBC”), to form the consortium’s Trade Finance Advisory Group.

15 September 2021